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Korea, South News - Business, Taxation & Offshore


South Korea Offers Tax Breaks To Firms Hit By Chinese Sanctions

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, October 3, 2017

South Korea's Government plans to permit businesses in sectors affected by sanctions imposed by China to defer corporate tax and VAT payments, it was announced on September 28.Read Full Story


Canada Launches Korean Steel Dumping Inquiry

by Mike Godfrey, Tax-News.com, Washington

Friday, September 8, 2017

The Canadian International Trade Tribunal has initiated an inquiry into whether the alleged dumping of certain steels from Korea has caused or is threatening to cause injury to Canada's domestic producers.Read Full Story


Korea Targeting Double-Digit Jump In Tax Revenue

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, August 30, 2017

South Korea's Ministry of Strategy and Finance has said it will aim to increase tax revenues by 10.9 percent during the 2018 Budget period.Read Full Story


S Korea Rejects US Calls For FTA Renegotiation

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, August 23, 2017

South Korea and the United States have failed to reach agreement on the way forward with regard to their existing free trade deal, which US President Donald Trump has criticized and vowed to amend.Read Full Story


Korea To Hike Taxes To Cool Property Bubble

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, August 15, 2017

South Korea is to hike the capital gains tax rate paid by those acquiring more than one property.Read Full Story


US To Pursue Dumping Duties Against Korea, Taiwan

by Mike Godfrey, Tax-News.com, Washington

Monday, August 14, 2017

The United States expects to announce anti-dumping duties on products from South Korea and Taiwan in December.Read Full Story


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